Capital & Counties Properties (Capco) provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive
FRANKFURT: German retail and distribution giant Metro said Monday it has agreed to sell its Kaufhof department store chain to Canadian group Hudson's Bay for 2.825 billion euros ($3.2 billion)
Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique
Alistair Anderson 9 Apr 2015
Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors
A key takeout at the RICS (Royal Institution of Chartered Surveyors) Africa 2015 Summit in Johannesburg last week is that Africa is taking its place on the world stage in terms of real estate, infrastructure and construction
UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia
New PwC survey dispels myths about women and work
The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world
Intu Properties plc (ITU) has entered into a deal that will see it acquire Puerto Venecia shopping centre and retail park in Zaragoza‚ Spain for €451m‚ it announced on Wednesday, 24 December 2014.
JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.
Joan Muller 20 May 2014
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
Homecoming Revolution's London Expo will take place from 15-16 March 2014 and will feature a variety of exhibitors, guest speakers, workshops and case studies aiming to encourage Africans to return home.
Private Property partnered with Top Billing, a primetime lifestyle TV show, to bring one lucky winner what could be the largest prize ever given away in Africa: a R5-million lifestyle that includes a R3.5-million apartment in Cape Town.
Private Property 10 Feb 2014
US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.
A great man has passed away and we all mourn the loss of Madiba, but while we mourn, let us also celebrate the life and the achievements of one of history's greatest statesmen, and certainly South Africa's and Africa's greatest. (video)
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.
Joan Muller 5 Oct 2013
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
Zeenat Moorad 30 Sep 2013